Selected current year company information follows: Net income: $16,153 Net sales: 714,855 Total liabilities, beginning-year: 85,932 Total liabilities, end-of-year: 105,201 Total stockholders' equity, beginning-year: 200,935 Total stockholders' equity, end-of-year: 124,851 The return on total assets is (Do not round intermediate calculations.): a) 2.26%. b) 2.49%. c) 2.77%. d) 6.25%. e) 3.11%.

Selected current year company information follows: Net income: $16,153 Net sales: 714,855 Total liabilities, beginning-year: 85,932 Total liabilities, end-of-year: 105,201 Total stockholders' equity, beginning-year: 200,935 Total stockholders' equity, end-of-year: 124,851 The return on total assets is (Do not round intermediate calculations.): a) 2.26%. b) 2.49%. c) 2.77%. d) 6.25%. e) 3.11%.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 9.17E: Profitability metrics The following selected data were taken from the financial statements of The...

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Selected current year company information follows: Net income Net sales Total liabilities, beginning-year Total liabilities, end-of-year $ 16,553 718,855 89,932 109,201 Total stockholders' equity, beginning-year 204,935 Total stockholders' equity, end-of-year 130,851 What is the return on total assets? (Do not round intermediate calculations.).
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Accounting selected current year company information follow:
Selected current year company information follows: Net income. Net sales Total liabilities, beginning-year Total liabilities, end-of-year Total stockholders' equity, beginning-year Total stockholders' equity, end-of-year The total asset turnover is: (Do not round Intermediate calculations.) $ 16,753 720,855 91,932 111, 201 206,935 133,851
Calculate ratios such as or all profitability ratios: Gross profit ratio net profit ratio operating profit ratio operating ratio or operating cost ratio
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